Read Sony’s Lips: There’s No PS3 Price Cut Coming

*Sony* has issued its strongest statement yet to the growing chorus of gamers, publishers and analysts calling for a price cut on the PS3: “We do not have plans for a PS3 price drop, and any rumors to that effect are false and are the result of speculation.” That’s the statement the company gave Joystiq today, in an effort to squash buzz that the price drop was coming tomorrow. It’s a bit different from the standard “we don’t comment on speculation” response, and even clearer than the “we’re focused on long-term profitability” line that Sony (NYSE: SNE) has been using in every interview.

Sony has contacted a number of blogs like Kotaku in advance of a “major” announcement tomorrow, but clearly, the news won’t be about a cheaper PS3. As we noted before, the company is stuck between a rock and a hard place with its PS3 pricing: it’s being outsold two-to-one by both the Xbox 360 and the Wii, but if Sony slashes the price to compete, it will dig itself further into the hole with manufacturing costs.

HI THERE I AM GOING TOO SAVE MY MONEY FOR A SSD DRIVE FOR MY PS3 SSD ARE FASTER THEN THE HARD DRIVE I AM SURPRISED SONY HAS NOT ADDED A SSD PS3 ADITION TOO OVER TAKE THE MARKET THERE ARE PROBALY MILLIONS OF HARD CORE GAMERS WANTING THERE SSD PS3 X-BOX FLASH MEMORY IS WHAT SSD ARE FLASH MEMORY NO SPINGING PLATTERS SSD STANDS FOR SOLID STATE DRIVE ZERO MOVING PARTS

Read the gamers lips! "No price cut no sale" Here's "My" strongest statement, "keep the ps3 at its current price and I keep my money and spend it on more games for the consoles I already own". When the ps3 first came out it was worth every penny and more. But as you can tell by the sales figures not everyone was convinced. The gamble didn't payoff. Now sometime later the gamble is on " long term sales". It is a shame that the market wasn't ready for the high end console. I wanted to buy one, I hadn't even had a HD TV yet. I believe a whole lot of consumers were in the same situation. So the blu-ray player had no appeal what so ever. I have always been a fan of Sony but I was a fan of reasonable spending first. I do hope to own one someday but the luxery item is low on the list of must haves do to the price. Replacing all my standard def tvs (6 in total not counting the bathroom or kitchen) with HDTVs has been more of a goal then toys for them.